US stock futures traded lower in early pre-market trade, ahead of economic data. The producer price index for final demand will be released at 8:30 a.m. ET and the Reuter's/University of Michigan's consumer sentiment index for June will be released at 9:55 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 24 points to 16,654.00, while the Standard & Poor's 500 index futures fell 2.50 points to 1,920.70. Futures for the Nasdaq 100 index declined 3 points to 3,761.50.

Samsung (OTC: SSNLF) launched the Galaxy Tab S Thursday at an event at Madison Square Garden in New York City. The Wi-Fi models of the 8.4-inch and 10.5-inch versions are available for pre-order Friday, priced at $399.99 and $499.99 respectively. To read the full news, click here.

Luxfer Holdings (NYSE: LXFR), announced today that it has entered into an agreement to acquire the assets and business of Truetech, Inc. and of Innotech Products, Ltd., private companies operating under similar ownership, for an estimated $64 million, representing a multiple of approximately eight times the expected EBITDA for 2014. To read the full news, click here.

Memorial Resource Development (NASDAQ: MRD) announced today the pricing of its initial public offering of 42,800,000 shares of its common stock at $19.00 per share. To read the full news, click here.